If an Investor Purchases Shares in a No Load Fund

question 29

Short Answer

If an investor purchases shares in a no load fund for $36, receives cash distributions of $1.27 and sells the shares after one year for $41.29, what is the percentage return on the investment?​

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Definitions:

Quadratus Lumborum

A muscle in the lower back that helps with the movement of the spine as well as stabilizes the pelvis.

Transversus Abdominis

A muscle layer of the anterior and lateral abdominal wall which is deep to (layered below) the internal oblique muscle.

External Abdominal Oblique

A large muscle on the outer surface of the lower abdomen that functions in rotating and bending the body.

Levator Scapulae

A muscle in the back that elevates the scapula (shoulder blade).